DE MELKWEG
ActiveDE MELKWEG has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.59M and a net result of €432k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 37% of 796 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-2
Solvency49▼-29
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity short (current ratio 0.63 against 2.13 in 2024; short-term debt: 27.7% and cash: 3.6% of total assets), and 76.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.7%
Return on assets
6.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
on the day
2022
24 d early
2021
78 d late
2020
41 d late
2019
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.59M▼ 29.4%
2024 · €2.25M
2018: €198k
2019: €405k
2020: €746k
2021: €1.21M
2022: €1.57M
2023: €1.92M
2024: €2.25M
2018 → 2025
Total assets
€6.69M▲ 59.1%
2024 · €4.20M
2018: €955k
2019: €1.78M
2020: €2.16M
2021: €2.62M
2022: €3.66M
2023: €4.06M
2024: €4.20M
2018 → 2025
Net result
€432k▲ 26.9%
2024 · €340k
2018: €72k
2019: €207k
2020: €351k
2021: €463k
2022: €361k
2023: €349k
2024: €340k
2018 → 2025
Working capital
€-686k
2024 · €498k
2018: €43k
2019: €-36k
2020: €-29k
2021: €152k
2022: €233k
2023: €330k
2024: €498k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.21M-€1.57M▲ 29.9%€1.92M▲ 22.2%€2.25M▲ 17.1%€1.59M▼ 29.4%
Operating result€667k-€519k▼ 22.3%€487k▼ 6.2%€490k▲ 0.8%€619k▲ 26.2%
Net result€463k-€361k▼ 22.0%€349k▼ 3.3%€340k▼ 2.6%€432k▲ 26.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.69M
Fixed assets
€5.52M▲ 69.1%
Current assets
€1.16M▲ 24.2%
Equity and liabilities €6.69M
Equity
€1.59M▼ 29.4%
Debt
€5.10M▲ 161%
The debt ratio rises from 46.5% to 76.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.00M▲
2024 · €804k
Cash flow
€815k▲
2024 · €654k
Solvency
23.7%▼
2024 · 53.5%
Current ratio
0.63▼
2024 · 2.13
Quick ratio
0.61▼
2024 · 2.08
Debt / equity
3.21▲
2024 · 0.87
ROE
27.2%▲
2024 · 15.1%
ROA
6.5%▼
2024 · 8.1%
Interest coverage
12.32▼
2024 · 14.48
Debt
€5.10M▲
2024 · €1.96M
Debt ≤ 1 year
€1.85M▲
2024 · €439k
Debt > 1 year
€3.25M▲
2024 · €1.52M
Income taxes
€115k▲
2024 · €107k
Staff costs
€545k▲
2024 · €417k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.20M€6.69M▲
Fixed assets21/28€3.27M€5.52M▲
Tangible fixed assets22/27€3.27M€5.52M▲
Land and buildings22€2.63M€4.85M▲
Plant, machinery and equipment23€197k€317k▲
Furniture and vehicles24€268k€241k▼
Leasing and similar rights25€170k€109k▼
Financial fixed assets28€0€3k▲
Current assets29/58€937k€1.16M▲
Amounts receivable after more than one year29€314k€314k=
Other amounts receivable291€314k€314k=
Stocks and contracts in progress3€26k€27k▲
Stocks30/36€26k€27k▲
Amounts receivable within one year40/41€316k€539k▲
Trade receivables40€316k€403k▲
Other amounts receivable41€0€136k▲
Cash at bank and in hand54/58€247k€241k▼
Deferred charges and accrued income490/1€34k€42k▲
Equity and liabilities
Total equity and liabilities10/49€4.20M€6.69M▲
Equity10/15€2.25M€1.59M▼
Contributions10/11€70k€70k=
Reserves13€2.18M€1.52M▼
Tax-exempt reserves132€19k€19k=
Distributable reserves133€2.16M€1.50M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.96M€5.10M▲
Amounts payable after more than one year17€1.52M€3.25M▲
Financial debts170/4€1.52M€3.25M▲
Amounts payable within one year42/48€439k€1.85M▲
Current portion of amounts payable after more than one year42€292k€411k▲
Financial debts43-€110k
Credit institutions430/8-€110k
Trade debts44€50k€184k▲
Suppliers440/4€50k€184k▲
Taxes, remuneration and social security45€89k€250k▲
Taxes450/3€29k€187k▲
Remuneration and social security454/9€60k€63k▲
Other amounts payable47/48€7k€894k▲
Income statement
Code20242025
Remuneration, social security and pensions62€417k€545k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€314k€383k▲
Other operating charges640/8€11k€169k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€1.23M€1.72M▲
Operating profit (loss)9901€490k€619k▲
Financial income75/76B€13k€10k▼
Recurring financial income75€13k€10k▼
Financial charges65/66B€56k€81k▲
Recurring financial charges65€56k€81k▲
Profit (loss) for the period before taxes9903€448k€547k▲
Income taxes67/77€107k€115k▲
Profit (loss) for the period9904€340k€432k▲
Profit (loss) for the period to be appropriated9905€340k€432k▲
Appropriation of the result
Profit (loss) to be appropriated9906€340k€432k▲
Transfer from equity791/2€12k€660k▲
Transfer to equity691/2€340k€0▼
To other reserves6921€340k€0▼
Profit to be distributed694/7€12k€1.09M▲
Return on contributions (dividend)694€12k€1.09M▲
Social balance
Average headcount (FTE)90879.411.0▲
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2MEq €2.25M ▲17.1%
7 profitable years in a row build equity to €2.25M.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
31-12
Financial
Highest result since 2018net €463k ▲32.1%
Operating result €667k, net result €463k, both a record.
31-12
Financial
Equity above €1MEq €1.21M ▲62.1%
4 profitable years in a row build equity to €1.21M.
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 41 days late
2020
31-12
Financial
Equity above €500kEq €746k ▲84.1%
3 profitable years in a row build equity to €746k.
26-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €405k ▲104%
2 profitable years in a row build equity to €405k.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kasterlee · 2 establishment units since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Klein Broek 302460 KasterleeGround area
1.3 ha
Building footprint
1,912 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
DE MELKWEG
since 20172.270.613.810
Poederleesteenweg 96 Unit E4, 2460 Kasterlee
since 20262.389.391.793
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13038B0660/00M000 | Flanders | 1.1 ha | 1 · 1,912 m² | - |
| 13018E0029/00E000 | Flanders | 2,573 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesKasterlee2.270.613.810
Kasterlee2.389.391.793
Similar companies · same sector, comparable size
Butterei PUR NATUR
BE 0437.634.207
Büllingen · Eq €1.70M
A-ware Kruibeke
BE 0783.194.727
Beveren-Kruibeke-Zwijndrecht · Eq €1.41M
Het Hinkelspel
BE 0423.468.445
Evergem · Eq €1.36M
REAL
BE 0413.067.372
Herve · Eq €1.93M
Schreiber Foods Belgium
BE 0676.464.043
Anhée · Eq €2.06M
Of 273 companies in sector 10510 we hold annual accounts for 121. 64 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2017
Fiscal year end31-12
Activities, NACEBEL
10510Manufacture of food products
10820Manufacture of cocoa, chocolate and sugar confectionery
10520Manufacture of food products
46331Wholesale trade
47242Retail sale of chocolate and confectionery
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.